Fosun Kinzon Capital Leads $20M Series A Round In uSens

Fosun Kinzon Capital has led a US$20 million series A round in Silicon Valley-based uSens Inc., a start-up providing 3D hand tracking and head tracking for mobile and tethered systems for the Virtual Reality and Augmented Reality sector, according to a company announcement (in Chinese).

Maison Capital, Fortune Capital and other investors also participated in the round.

Founded in 2013 by a team of U.S.-trained Chinese technicians headed by He Anli, uSens previously received investments from IDG Capital Partners and other Chinese venture firms.

The start-up’s key products include a core vision module with computer vision algorithm sensing hand actions and gestures in 3D, allowing users to interact with VR content in a natural manner, easily control the interface, take phone calls etc without needing to take off the headset.

Its Impression Pi tracks the user’s head position inside-out, and an advanced version of the product captures and displays the real world to the user, then overlays VR images and virtual objects.

The company currently operates from its Silicon Valley office, as well as offices in Beijing, Shanghai and Shenzhen.

China Expert network